SDLTM09060 | Commencement

(This page was introduced on 15 January 2020)

Section 75A-C has effect in respect of disposals and acquisitions, and all related scheme transactions, which take place after 2pm on 6 December 2006.

• Where a scheme transaction takes place in respect of a contract substantially performed before 2pm on 6 December 2006, that scheme transaction will be excluded from Section 75A

• Where a scheme transaction takes place in respect of a contract entered into before 2pm on 6 December 2006, that scheme transaction will be excluded from Section 75A subject to a number of conditions set out in the Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2006 (SI2006/3237)

Section 75C has effect in respect of disposals and acquisitions, and all related scheme transactions, which took place on or after 19 July 2007. Where those transactions took place before 19 July 2007, Section 75C has effect if the provision makes a person liable to a lower amount of tax than would have been chargeable in accordance with the Stamp Duty Land Tax (Variation of the Finance Act 2003) Regulations 2006 (SI2006/3237).